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JAMB Economics 1982 Question 11

Question 11

Business Organisations

The National Electric Power Authority (NEPA) is a

  1. A.public limited company
  2. B.public liability company
  3. C.private authority
  4. D.public corporation
  5. E.federal government authority.
Show the answer and explanation

Answer: D (public corporation)

Explanation

NEPA was set up by an Act of Parliament and owned and run by government to provide a public service, which makes it a public corporation.